Palau - Net barter terms of trade index

Net barter terms of trade index (2000 = 100)

The latest value for Net barter terms of trade index (2000 = 100) in Palau was 102.27 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 109.16 in 2016 and 81.48 in 2012.

Definition: Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2000. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna­tional and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year's trade values as weights.

Source: United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.

See also:

Year Value
2000 100.00
2001 99.16
2002 98.35
2003 94.66
2004 93.66
2005 97.14
2006 99.43
2007 96.68
2008 87.58
2009 95.09
2010 92.55
2011 83.67
2012 81.48
2013 85.65
2014 89.36
2015 99.23
2016 109.16
2017 108.31
2018 104.35
2019 104.84
2020 102.27

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade indexes